Radio / Television News

DHX Media credits streaming market for solid Q1

HALIFAX – DHX Media kicked off its first quarter of fiscal 2016 with gains in revenue and profits.For the period ended September 30, 2015, the company reported revenues of $63.9 million, up 48% from $43.0 million year-over-year.  The increase was generally due to increases in distribution, which accounted for 19% of the growth (98% organic, 2% acquisitive), new media, producer and service fee revenue, which accounted for 37% of the growth (75% organic, 25% acquisitive), M&L-represented, which accounted for 18% of the growth (all organic growth), and acquisitive growth for DHX Television, which accounted for 23%.Net income of $7.5 million...